Definitions for Great Depression

Here are all the possible meanings and translations of the word Great Depression.

Princeton's WordNet(4.00 / 2 votes)Rate this definition:

Great Depression(noun)

the economic crisis beginning with the stock market crash in 1929 and continuing through the 1930s

Depression, Great Depression(noun)

a period during the 1930s when there was a worldwide economic depression and mass unemployment

Wiktionary(1.00 / 1 vote)Rate this definition:

Great Depression(ProperNoun)

A major economic collapse that lasted from 1929 to 1940 in the US and a similar period in many other countries.

Freebase(1.50 / 2 votes)Rate this definition:

Great Depression

The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in 1930 and lasted until the late 1930s or middle 1940s. It was the longest, most widespread, and deepest depression of the 20th century.
In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline. The depression originated in the U.S., after the fall in stock prices that began around September 4, 1929, and became worldwide news with the stock market crash of October 29, 1929.
The Great Depression had devastating effects in countries rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.
Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%. Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most.

Numerology

Chaldean Numerology

The numerical value of Great Depression in Chaldean Numerology is: 4

Pythagorean Numerology

The numerical value of Great Depression in Pythagorean Numerology is: 4